Overview Performance Dividends Correlations

21 Stocks and 79 ETFs for diversifying SHYL (XTRACKERS SHORT DURATION HIGH YIELD BOND ETF)

The least correlated asset to SHYL (XTRACKERS SHORT DURATION HIGH YIELD BOND ETF) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.9483.

Stocks that lowly correlated with SHYL

Symbol	Name	Market cap	Sector	Industry	Correlation
PROP	Prairie Operating Co. Common Stock	$81M	Energy	Oil & Gas E&p	-0.60
TACH	Titan Acquisition Corp - Class A	$286M	Financial Services	Shell Companies	-0.54
QSEA	Quartzsea Acquisition Corp	$87M	Financial Services	Shell Companies	-0.52
TMDE	TMD Energy Ltd	$18M	Energy	Oil & Gas Midstream	-0.49
CRAQ	Cal Redwood Acquisition Corp	$320M	Financial Services	Shell Companies	-0.49
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$20M	Financial Services	Shell Companies	-0.48
BMGL	Basel Medical Group Ltd	$11M	Healthcare	Medical Care Facilities	-0.48
RAAQ	Real Asset Acquisition Corp - Class A	$196M	Financial Services	Shell Companies	-0.47
CDTG	CDT Environmental Technology Investment Holdings Ltd	$3.77M	Industrials	Waste Management	-0.46
EMA	Emera Incorporated	$16B	Utilities	Utilities - Regulated Electric	-0.45
DFSC	DEFSEC Technologies Inc Com	$8.73M	Industrials	Aerospace & Defense	-0.45
HRYU	Global Interactive Technologies Inc	$760K	Communication Services	Internet Content & Information	-0.43
FACTU	FACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$56M	Financial Services	Shell Companies	-0.43
LGPS	LogProstyle Inc	$16M	Industrials	Conglomerates	-0.42
VCXA	10X Capital Venture Acquisition Corp II - Class A	$86M	N/A	N/A	-0.42
NYAX	Nayax Ltd	$3.09B	Technology	Software - Infrastructure	-0.42
HMR	Sports Properties Acquisition Corp	$73M	Industrials	Marine Shipping	-0.41
ATPC	Agape ATP Corp	$2.85M	Consumer Defensive	Packaged Foods	-0.41
CRCL	Circle Internet Group Inc - Class A	$25B	Financial Services	Capital Markets	-0.41
IBIO	iBio Inc	$65M	Healthcare	Biotechnology	-0.37
IPCX	Inflection Point Acquisition Corp III - Class A	$261M	Financial Services	Shell Companies	-0.36

ETFs that lowly correlated with SHYL

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
SJB	PROSHARES SHORT HIGH YIELD	$103M	0.95%	Mar 21, 2011	-0.95
SEF	ProShares Short Financials -1x Shares	$18M	0.95%	Jun 10, 2008	-0.86
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$932K	N/A	Oct 23, 2007	-0.85
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.85
EFZ	ProShares Short MSCI EAFE -1X Shares	$16M	0.95%	Oct 23, 2007	-0.85
SIJ	ProShares UltraShort Industrials -2x Shares	$6.20M	N/A	Jan 30, 2007	-0.84
MYY	PROSHARES SHORT MIDCAP400	$2.70M	0.95%	Jun 19, 2006	-0.84
SKF	ProShares UltraShort Financials -2x Shares	$16M	N/A	May 23, 2007	-0.84
DXD	PROSHARES ULTRASHORT DOW30	$51M	N/A	Jul 11, 2006	-0.84
EPV	ProShares UltraShort FTSE Europe -2X Shares	$14M	N/A	Jun 16, 2009	-0.84
MZZ	PROSHARES ULTRASHORT MIDCAP400	$734K	N/A	Jul 11, 2006	-0.84
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.60M	N/A	Jan 23, 2007	-0.84
SBB	ProShares Short SmallCap600 -1x Shares	$4.10M	0.95%	Jan 23, 2007	-0.83
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$9M	6.22%	Jul 10, 2018	-0.83
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$220M	0.48%	Jun 8, 2016	-0.82
SH	ProShares Short S&P500 -1x Shares	$1.20B	0.89%	Jun 19, 2006	-0.82
TWM	ProShares UltraShort Russell2000 -2x Shares	$47M	N/A	Jan 23, 2007	-0.82
RWM	PROSHARES SHORT RUSSELL2000	$143M	0.95%	Jan 23, 2007	-0.82
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$19M	N/A	Nov 7, 2019	-0.82
SDS	ProShares UltraShort S&P500 -2x Shares	$443M	N/A	Jul 11, 2006	-0.81
REK	PROSHARES SHORT REAL ESTATE	$12M	0.95%	Mar 16, 2010	-0.80
TNGY	TORTOISE ENERGY ETF	$600M	0.85%	Dec 27, 2010	-0.79
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.78
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$37M	0.89%	Jan 17, 2018	-0.78
SRS	ProShares UltraShort Real Estate -2x Shares	$17M	N/A	Jan 30, 2007	-0.78
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.77
VIXM	ProShares VIX Mid-Term Futures ETF	$56M	0.92%	Jan 3, 2011	-0.77
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$180M	N/A	Feb 9, 2010	-0.77
EWV	ProShares UltraShort MSCI Japan -2x Shares	$7.20M	N/A	Nov 6, 2007	-0.76
SCC	ProShares UltraShort Consumer Discretionary	$6.20M	N/A	Jan 30, 2007	-0.74
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$2.90M	0.65%	Nov 14, 2017	-0.74
BNKD	Bank of Montreal	$1.40M	N/A	Feb 20, 2025	-0.73
METD	DIREXION DAILY META BEAR 1X SHARES	$8.60M	1.02%	Jun 5, 2024	-0.73
SMN	ProShares UltraShort Materials	$3.10M	N/A	Jan 30, 2007	-0.72
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$8.80M	0.95%	Oct 30, 2007	-0.70
UVIX	2x Long VIX Futures ETF	$499M	N/A	Mar 28, 2022	-0.70
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$62M	0.79%	Jun 28, 2024	-0.70
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$6.10M	N/A	Oct 30, 2007	-0.70
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.70M	1.01%	Oct 2, 2024	-0.68
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$9.60M	N/A	Jan 3, 2024	-0.67
PSQ	ProShares Short QQQ -1x Shares	$519M	0.95%	Jun 19, 2006	-0.67
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.66
SPXU	ProShares UltraPro Short S&P 500	$562M	N/A	Jun 23, 2009	-0.66
SRTY	ProShares UltraPro Short Russell2000 -3x Shares	$81M	N/A	Feb 9, 2010	-0.66
TAIL	CAMBRIA TAIL RISK ETF	$157M	0.59%	Apr 5, 2017	-0.65
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$10M	N/A	Nov 7, 2019	-0.64
REW	ProShares UltraShort Technology -2x Shares	$3.70M	N/A	Jan 30, 2007	-0.62
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.62
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$37M	N/A	Dec 17, 2008	-0.61
DRIP	DIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES	$117M	N/A	May 28, 2015	-0.61
WTID	Bank of Montreal	$6.60M	N/A	Feb 16, 2023	-0.61
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$6.90M	1.03%	Oct 9, 2024	-0.60
DUG	ProShares UltraShort Energy	$18M	N/A	Jan 30, 2007	-0.58
ERY	DIREXION DAILY ENERGY BEAR 2X SHARES	$40M	N/A	Nov 6, 2008	-0.57
RFIX	Simplify Downside Interest Rate Hedge Strategy ETF	$56M	0.50%	Dec 9, 2024	-0.57
RISR	FOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF	$228M	1.04%	Sep 30, 2021	-0.56
PFIX	SIMPLIFY INTEREST RATE HEDGE ETF	$210M	0.50%	May 10, 2021	-0.55
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$68M	0.92%	Nov 5, 2021	-0.55
BZQ	ProShares UltraShort MSCI Brazil Capped ETF -2x Shares	$3M	N/A	Jun 16, 2009	-0.55
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$14M	1.11%	Aug 14, 2024	-0.54
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$23M	0.50%	Mar 6, 2024	-0.54
SCO	ProShares UltraShort Bloomberg Crude Oil -2x Shares	$1.10B	N/A	Nov 24, 2008	-0.54
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.53
RXD	ProShares UltraShort Health Care -2x Shares	$4.90M	N/A	Jan 30, 2007	-0.53
AIBD	DIREXION DAILY AI AND BIG DATA BEAR 2X SHARES	$4.20M	N/A	May 15, 2024	-0.53
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$9.80M	1.05%	Jul 23, 2024	-0.52
KMLM	KRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF	$307M	0.90%	Dec 1, 2020	-0.52
QID	PROSHARES ULTRASHORT QQQ	$279M	N/A	Jul 11, 2006	-0.51
SDP	ProShares UltraShort Utilities -2x Shares	$4.60M	N/A	Jan 30, 2007	-0.50
DRV	DIREXION DAILY REAL ESTATE BEAR 3X SHARES	$33M	N/A	Jul 16, 2009	-0.49
USDU	WISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND	$396M	0.51%	Dec 18, 2013	-0.49
OILD	Bank of Montreal	$19M	N/A	Nov 8, 2021	-0.49
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.50M	N/A	Apr 6, 2010	-0.49
NVDS	Tradr 1.5X Short NVDA Daily ETF	$23M	N/A	Jul 13, 2022	-0.45
CPII	AMERICAN BEACON IONIC INFLATION PROTECTION ETF	$11M	0.70%	Jun 28, 2022	-0.41
FNGD	Bank of Montreal	$68M	N/A	Jan 22, 2018	-0.39
MUD	Direxion Daily MU Bear 1X Shares	$27M	1.02%	Oct 9, 2024	-0.37
NVDQ	T-Rex 2X Inverse NVIDIA Daily Target ETF	$36M	N/A	Oct 18, 2023	-0.37
SETH	ProShares Short Ether ETF	$16M	0.95%	Nov 1, 2023	-0.36